Nanjing Securities Co., Ltd.

XSSC:601990 Stock Report

Market Cap: CN¥32.3b

Nanjing Securities Valuation

Is 601990 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 601990 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 601990 (CN¥8.76) is trading above our estimate of fair value (CN¥1.05)

Significantly Below Fair Value: 601990 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 601990?

Key metric: As 601990 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 601990. This is calculated by dividing 601990's market cap by their current earnings.
What is 601990's PE Ratio?
PE Ratio40.1x
EarningsCN¥805.09m
Market CapCN¥32.29b

Price to Earnings Ratio vs Peers

How does 601990's PE Ratio compare to its peers?

The above table shows the PE ratio for 601990 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.7x
000728 Guoyuan Securities
18.1x5.5%CN¥35.4b
600909 Huaan Securities
19.7x0.7%CN¥27.8b
000987 Guangzhou Yuexiu Capital Holdings Group
18x8.1%CN¥36.4b
601555 Soochow Securities
19.1x5.1%CN¥38.9b
601990 Nanjing Securities
40.1x6.3%CN¥32.3b

Price-To-Earnings vs Peers: 601990 is expensive based on its Price-To-Earnings Ratio (40.1x) compared to the peer average (18.2x).

Price to Earnings Ratio vs Industry

How does 601990's PE Ratio compare vs other companies in the CN Capital Markets Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
601990 40.1xIndustry Avg. 32.1xNo. of Companies10PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 601990 is expensive based on its Price-To-Earnings Ratio (40.1x) compared to the CN Capital Markets industry average (32x).

Price to Earnings Ratio vs Fair Ratio

What is 601990's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

601990 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio40.1x
Fair PE Ratio26.7x

Price-To-Earnings vs Fair Ratio: 601990 is expensive based on its Price-To-Earnings Ratio (40.1x) compared to the estimated Fair Price-To-Earnings Ratio (26.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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